Parts Stock Alpha and Beta Analysis

ID
 Stock
  

USD 1.75  0.05  2.78%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Parts ID. It also helps investors analyze the systematic and unsystematic risks associated with investing in Parts ID over a specified time horizon. Remember, high Parts ID's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please see Parts ID Backtesting, Parts ID Valuation, Parts ID Correlation, Parts ID Hype Analysis, Parts ID Volatility, Parts ID History and analyze Parts ID Performance.
  
Please note that although Parts ID alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Parts ID did 0.54  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Parts ID stock's relative risk over its benchmark. Parts ID has a beta of 0.63  . Let's try to break down what Parts's beta means in this case. As returns on the market increase, Parts ID returns are expected to increase less than the market. However, during the bear market, the loss on holding Parts ID will be expected to be smaller as well.
Parts ID Enterprise Value is projected to decrease significantly based on the last few years of reporting. The past year's Enterprise Value was at 57.43 Million. The current year Tangible Asset Value is expected to grow to about 53.6 M, whereas Enterprise Value over EBIT is forecasted to decline to (6.16) .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Parts ID Quarterly Book Value per Share

(0.501)

Parts ID Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Parts ID market risk premium is the additional return an investor will receive from holding Parts ID long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Parts ID. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Parts ID's performance over market.
α0.54   β0.63
90 days against DJI

Parts ID expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Parts ID's Buy-and-hold return. Our buy-and-hold chart shows how Parts ID performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Parts ID Market Price Analysis

Market price analysis indicators help investors to evaluate how Parts ID stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parts ID shares will generate the highest return on investment. By understating and applying Parts ID stock market price indicators, traders can identify Parts ID position entry and exit signals to maximize returns.

Parts ID Return and Market Media

The median price of Parts ID for the period between Wed, May 18, 2022 and Tue, Aug 16, 2022 is 1.19 with a coefficient of variation of 16.9. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 1.22, and mean deviation of 0.15. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Purchase by Pendleton Brian John Jr of 10000 shares of Parts...05/19/2022
2
Camden Gullies 2022 Season at South Boston Speedway Mirrorin...05/31/2022
3
Compound Feed Market worth 641.2 billion by 2027 - Exclusive...06/10/2022
4
More Than 40 percent of Home Sellers Are Dropping Their Pric...06/21/2022
5
Other06/23/2022
6
EPS Estimate06/30/2022
7
PARTS iD, Inc. Stock Price Today, Quote News - Seeking Alpha07/01/2022
8
John Saam Obituary - Midland, MI - Midland Daily News - Lega...07/15/2022
9
Grim news from Walmart sends US markets tumbling - RiverBend...07/26/2022
10
PARTS iD, Inc. to Report Second Quarter 2022 Results on Augu...08/01/2022
11
EPS Reported08/08/2022
12
Investors Brace for Retail Earnings, Starting With Walmart T...08/15/2022

About Parts ID Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Parts ID has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Parts ID Investors Sentiment

The influence of Parts ID's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Parts. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Parts ID in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Parts ID's short interest history, or implied volatility extrapolated from Parts ID options trading.

Build Portfolio with Parts ID

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Parts ID Backtesting, Parts ID Valuation, Parts ID Correlation, Parts ID Hype Analysis, Parts ID Volatility, Parts ID History and analyze Parts ID Performance. Note that the Parts ID information on this page should be used as a complementary analysis to other Parts ID's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Parts Stock analysis

When running Parts ID price analysis, check to measure Parts ID's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parts ID is operating at the current time. Most of Parts ID's value examination focuses on studying past and present price action to predict the probability of Parts ID's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parts ID's price. Additionally, you may evaluate how the addition of Parts ID to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Parts ID technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Parts ID technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Parts ID trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...